$BEM remains extremely undervalued.
there’s already a whole ecosystem building on top of it, with a strong flywheel structure already in place.
50% of all transaction fees go directly toward buybacks & burns, while 50% of all circuit and transistor market fees also go toward buybacks & burns.
and look at the ecosystem:
$TAPOUTX, just a meme coin around TAPOUT on X Layer / OKX Chain, reached
A 20M market cap.
$HPA, a project launched on top of
$BEM, reached a ~70M ATH and is still around ~18M today.
both have higher mcap than
$BEM itself. that’s how mispriced
$BEM currently is.
you also have a hackathon organized by
@okx, dozens of builders already building, and potentially hundreds or thousands more as the ecosystem grows.
more than 150k worth of
$BEM has already been bought back and burned.
now imagine when the volume increases 10-50-100x from here.
at current levels, I think
$BEM could 20x and still have room to re-rate.
the flywheel is already in place. now it’s a matter of how large the ecosystem becomes.